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and the guy that's supplying the energy for the united states? >> host: where did you read they pay for leasing of the land and taxes? >> caller: that's just on the internet. >> host: zachary goldfarb, the oil companies and gas company to pay taxes and they do have to pay the federal government to lease these lands. >> guest: that's right. the reason the government thinks is there is its multiple. first, the government belief these are public lands in many cases and some some of the benefits of that oil and gas should spread the people in those committees and around the country and not just into the pockets of the company. secondly, there is enforcement, environmental regulations in terms of government oversight when you do natural resource billing and exploration in the united states to protect in private, natural habitats and so forth. that needs to be paid for as well. i think the funds and licensing fees go to that support. >> host: freelancer on twitter, how much debt did bush leave? i read 11.5 trillion spent in eight years and the gop act like they have nothing to do with the
. his funds blew away the market last year. you done want to miss hpicks. >>> the energy departmentç approving loan guarantees for first new nuclear power plant in years. christine todd whitman tells us whether this is the beginning of a nuclear resurgence in this country. >> and chipotle trying to walk back comments that rising costs associated with climate change could eventually force the company to take guacamole or salsa off the menu. we have a stock brawl coming up. you're watching cnbc, first in business worldwide. for tapping into a wealth of experience. ♪ for access to one of the top wealth management firms in the country. ♪ for a team of financial professionals who provide customized solutions. for all of your wealth management and retirement goals, discover how pnc wealth management can help you achieve. visit pnc.com/wealthsolutions to find out more. make it happen with fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> welcome back. the recent spike in energy p
energy costs down whether it be in refining where he has the best chemicals to be able to get the most gasoline out of dirty oil, for instance, in the turbo which is what you need to be able to low your -- get more mileage out of each gallon. that's a very important thing. and, of course, he does the cockpits for pretty much everybody. he's done a remarkable job in honeywell, my charitable trust owns it. it's just been a gigantic winner. at one point they asked him about activism and he had a great answer when your stock goes up all the time the activists don't call. good man. >> is it your favorite industrial name? >> definitely. >> really? >> yeah dave cody is a remarkable guy, and yes, i'll admit we are next-door neighbors and he's also a terrific guy in person. >> you can't argue with what he brings to the interview and certainly with the stock as you said. we'll watch that closely along with exxon also having a -- >> yes, down. >>> in the meantime, former microsoft ceo steve ballmer giving a talk to graduate students at the university of oxford's school o
of the leverage that president putin does have. partly, he has the energy, which flows underneath ukraine and supplies so much of europe. and more than that, he has now threatened, we are told, to no longer use the united states dollar as a currency on the world market. what if he did that? maria bartiromo from the fox business network will join us next to talk about the ramifications of such a thing. whether he could do it and what it would mean to our economy. would it, as the russians say, cripple our economy? that's next. t! [bell rings] this...is jane. her long day on set starts with shoulder pain... ...and a choice take 6 tylenol in a day which is 2 aleve for... ...all day relief. hmm. [bell ring] "roll sound!" "action!" [ chainsaw whirring ] humans -- sometimes liferips us up. sometimes we trip ourselveup. and although the mistakes may seem to just keep coming at you, so do the solutions. like multi-policy discounts from liberty mutual insurance. save up to 10% just for combining your auto and home insurance. call liberty mutual insurance at... [ thump ] to speak with an insurance
that with ed royce. i think we need to take the fact that america in 2020 will be the leading world energy producer, so let's talk about that being used to be an offset to the russians because their energy is their weapon. if we're looking to make russia a pariah state, that's where the president needs to be talking. >> listen, i think there's a lot to be said for that. as you know i'm more of a clean energy guy but taking that away from russia, their monopoly in energy, is good. but republicans are missing an opportunity to look more bipartisan. >> congressman engel, i think what bothers republicans is how much the president and the administration seems to have empowered putin over the past few years. just to give you a couple of examples. russia controls the northern distribution network which is one of the main access points in afghanistan that our troops rely on to get supplies and food and water. putin controls that. putin is controlling our syria chemical weapons collection deal, which is a farce. putin is undermining our negotiations in iran. have we given him too much power? why ha
an interesting note this morning, there's energy in the ukraine that could supplant the russians as far as being a supplier to western europe. there's a lot of things going on here. we'll hear more about it. this isn't going to go away. >> david molnar, you point out we're hovering around the fifth anniversary of the beginning of this bull market from the lows of march of '09. it's getting long in the tooth. is this market just running out of steam. is this a good excuse to sell today? >> yeah, bill, i think that's exactly what we're seeing here is that the market is a little bit extended, a little bit tired after a big run here off the january lows. we needed to see something come along that would create an impetus for consolidation, even a short-term correction, and this happens to be it right now. i agree with the prior two guests that this is probably going to be a short-term correction. it's not necessarily, you know, a change in trend here, but i would point out we do have friday's employment report coming out that's going to dictate a lot about, you know, the future direction of fed polic
to happen. but at the end of the day, the only options we have are to increase our own energy independence, put energy in a position where putin doesn't have access to the energy reserves and to the reknew that's he's had in the past. so whether this president does it or the next president does it, somebody has to do it. and i keep going back, shannon, you know, we survived jimmy carter, we're going to survive barack obama, but it will be incumbent on the next president to stop president obama. otherwise, neither will stop president putin. >> always good to see you. thanks so much. >> thank you, shannon. >>> the top democrat in the senate says the obamacare horror stories are live. that has some experiencing them first hand pretty fired up. >> i'm completely outraged. it's absolutely ridiculous. >> we're going debate the issue fair and balanced, of course, next. >>> another snowstorm spreading across the country gearing up to hit the east coast tonight. whether you want them or not, you need to know. [ female announcer ] a classic macaroni & cheese from stouffer's starts with freshly-made
's parliament, kerry promised a billion dollar loan guarantee designed to ease the sting of energy costs. officials traveling with kerry had voiced concern that russian president vladimir putin who last week sent tens of thousands of forces may be preparing for a larger invasion of eastern ukraine. putin himself looking relaxed at a state res dnls outside moscow held a rare news conference in which he suggested any such broader invasion would be a last resort but well within russia's right because they have received approval by yanukovych. >> even if i take a decision to use armed force, it would be legitimate, in the norms of international law, and in this case, it would also correspondent to our interest in protecting the people who are closely tied to us historically, culturally, economically. >> kerry has emphasized the u.s. wants to de-escalate the crisis, responding to putin's comments. >> he really denied there were troops in crimea? >> yes, he did. >> i have spoken directly to president putin today as i can. it is not appropriate to invade a country and at the end of a barrel of
are under way. they can develop alternative energy supplies, including fracking. including as the united states becomes an energy exporter, there are alternative sources there in the future and sources -- the inauguration of of the new pipeline project from the caspian sea which will be a new route for gas supplies into europe, not passing through russia, not from russia. this infrastructure will take time to develop but it is important to do so. the world is becoming increasingly unstable. this latest example to world peace is the classic case in my view. will the foreign secretary array with me -- agree with me that our country must rethink the funding of our armed forces to make sure we have the ships, the navy, the air force to me potential threats in the future. i am not hinting we should go to war on this case but it is a reminder we need to keep our defenses up. in an unstable world we do need to keep up our defenses, that is right. that is why this country is investing in some very sophisticated military projects for the future. as twotain the spending percent of our gdp on defen
to be placed on russia economically. they are an energy export dependent economy. once that we can do is to open up our export of liquefied natural gas. it will have a huge impact on the price and that russia enjoys in their monopoly dominated europe. i have a bill that would have expanded the gas exports to nato. dropping a bill today that will expanded even further. entering this in the national market and economically impact russia. neil: at the very least we should re-examine our opposition to drafting and some states. that is just more energy for us and the one thing that i'm curious about is it's precisely that energy independence. we need a lot of energy coming via russia and the ukraine. so don't think that. >> it certainly is an issue. they are, as you describe, being economically impacted by some very old things. this president needs to step it up and in that weakness, russia will be adventurous spirit even if they are and they start feeling the pain of their own stupidity or bullying, maybe that is what gives them cause in the future and tyrants who might think about doing
in europe and it has really shrunk. potentially, they have big energy plans for europe. >> it is not proven yet. >> if it turns out that american companies are there -- >> let me ask about the united states. >> yeah. crimea, the have gas and -- but let me ask you about the united states role. you had friendly relations with george bush and you had good relations with the obama administration. i expect that you feel that the administration was not as helpful to georgia as they could have been and will not be as helpful in the ukraine because the united states has bigger fish to fry with russia. i do not think anybody can afford to neglect this. if they do, it is a major disaster. this guy is dangerous. this is going to continue. it is not limited to crimea. it allows us to have another crisis moving somewhere and everybody forgets what happened in georgia apostates. it is getting shorter and -- ter and >> to be fair, he said that he did not feel any need to escalate. >> they are using the word of escalation stop there with the occupation and europeans might escalating.is he is escalating. le
is exceptionally weak in ukraine. and what's more, the eu imports most of its energy from russia, which is a top oil producer. should putin take the risk and turn off the taps, as he did with ukraine in 2009 and in 2006, it could spell disaster for europe and, perhaps, the u.s. as the "new republic" notes, "any supply shocks in europe that send prices higher will have ripple effects that raise gas prices in the united states." fiona hill is an expert on russia and eurasian affairs at the brookings institution. fiona, thanks for being here. let's start with that question. you do have a lot of criticism of the president saying that he needs to take stronger action. what conceivable stronger action could be taken? >> well, the problem is, as you've just laid out, that the strong action that the president can take really is very dependent on being in lock step with our european allies. the real impact of any sanctions would only be felt on russia if the eu and other key allies are with us in the way that we are all acting together in the sanctions against iran and our dispute over iran's nuclear pro
issues. this is the energy department's largest clean up anywhere in the united states. trying to take those 56 million-gallons of radioactive sludge that were in underground tanks. they are trying to turn that into solid glass. it is a massive project. how does this work? >> well the 17 self-tanks are distributed over quite a few square miles with an intricate net of pumps and pipes. when it is pumped to facility that i was previously supporting, we would then treat that waste chemically to get some of the more dangerous constituents out of it and then after we had treated it chemically we would put it into a melter with glass heat it up to high temperatures. >> the tanks that were underground were beginning to leak. they were old and the danger was some of them were fairly close to the colombia river and there is fear that somehow some of that radioactive material could get into the river. >> it is a fear based on reality. the single shell tanks which were actually decommissioned in the 40s and 50s, those tanks are known to have been leaking into the environment for years. we have co
. why? because rush ha is blackmailing europe over energy. supplies a third of oil and natural gas to the eu. the more oil and natural gas the u.s.a. and canada can produce and distribute, the weaker russia becomes on the world stage i fervently hope president obama understands that finally, there is barack obama's legacy. hear's a satirical picture posted on fox nation showing the contrasting styles of putin and obama. obviously the russian leader sees himself as macho man. the president sees himself as a renaissance man who wants to accommodate. but there is no accommodating putin. and if the u.s.a. looks weak on this one, believe me, we'll pay a heavy price. as will the president's historical reputation. and that's the memo. now for the top story tonight reaction joining us from boston fox news military analyst colonel david hunt and -- am i making mistakes here, mr. whiten? >> no, i don't think so. i would add a few other things to the list. you know, we can be specific with building -- helping central europe get free of russian energy. it's russian energy that's been used agai
of their energy supplies and actually we have seen a significant recession in european leadership over the last ten to 20 years. but we need to act and we need to speak up in favor of the people who are now being overtaken in crimea by vladimir putin's army, his military. and i worry and -- in conclusion i say it's time we woke up about vladimir putin. it's time that this administration got real. and it's also time for us to worry about what vladimir putin will do on eastern ukraine on the pretext that somehow disorder and demonstrations might require russian presence. and my friends, if we allow mr. putin to assert his authority over these areas because of russian-speaking people, that message is not lost on poland, where there's russian population, on romania, on latvia, estonia, lithuania and moldova, and we are on the verge possibly of seeing a move to reassert the old russian empire, which is mr. putin's lifelong ambition. madam president, i've overstayed my time. i thank my colleague from alabama and i yield the floor. the presiding officer: madam president? the presiding officer: the sen
, pointing out that russia is germany's biggest supplier of energy. we know that merkel spoke with our president last night. she spoke with putin several times since the crisis started. could she be a key player in potentially resolving this situation? >> yes. absolutely. i mean, germany, after all, is the most important military and economic power in europe. the problem here, as you rightfully point out, is that most of germany's natural gas supplies run through that natural gas pipelines through ukraine, from russia, to germany. she's already signaled that she's not in favor of imposing economic sanctions on russia. well, if she's not in favor of supporting economic sanctions on -- on russia as well as denying russia a space in the g-8 and turning that into the g-7, it sort of defangs the capacity of the united states to act forcefully with putin if he decides that, well, what -- what matters to him if he moves his forces into eastern ukraine. who's going to stop him. >> yeah, and josh, i also want to touch on the energy and economics issues which are important here. >> yeah. >> a lo
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the effects of reduced energy subsidies from russia. that's why ukrainians have been getting oil and gas and been able to do it cheaply. now that they want to rebuild the economy, they need to work with the imf on this. one of the things the imf is looking for them to do is raise energy prices. a lot is geared toward the energy factor. u.s. is sending technical advisors to work with the government on energy reforms and other types of financial reforms that they need to do to rebuild the economy. they also want to help the ukrainian businesses. they're talking about further assistance. they'll be sending advisors to work on anticorruption and recovering. is it enough? don't know. the ukrainians said they need $30 billion to rebuild the economy. this is a drop in the bucket. >> obviously the administration has been trying to motivate and rally members of the european union to join them in threatening at the at least sanctions and of punishments against the russian government and individuals in the russian government perhaps. i'm wondering what you've heard about the difficulties the u.s. h
,hose particularly energy. this has been about for the russian economy. the currency has fallen. the stock market is down. there was a reaction to this that may affect putin's economy. but i mention one other thing? is this beautiful and large country called ukraine. suppose ukraine finally after failing in 2004 get it right -- democracy, gets rid of corruption, the economy is improving, and it is there of the border for russia. i think it makes him nervous if there were a success in ukraine in bringing about a free and open society and economic success, which is not the case in russia. if the sanctions fail? what do you do it the pressure with his he continues own ambitious ideas of expanding within his own borders and spears of influence? >> go back to georgia in nato. if you tried something like that ay with one area that has significant russian popularity -- population, he would be attacking nato. that would be an entirely different set of circumstances. i have no illusions that in the short term, we will be able to ambitions.tin's in the long term, we can curb those ambitions in many ways, b
? >> yes, some of them will work, there's no question about that. it's just a question of how much energy is going to be put into the device to get it to work. what's going to be the most energy efficient way to do this, because remember, we have to get the craft up there that's going to do the work, we have to give it capability to maneuver around in space. once the technology that's going to be used to remove something from orbit, one of the ideas of attaching a tether so it builds friction and pulls the object down is not such a bad idea, because it doesn't require a lot of material to do that. if you could just push something out of orbit, that might not be a bad idea, because it may not require a large energy budget to make that work. you keep the expenses down in energy and materials and get the job done, it's just that those methods are slow and there's a lot of material that needs to be cleaned up. if there was a faster way to do it, that might be better. >> boy, that's certainly a big problem. nasa's budget was just announced or at least what they're hoping for the budget the nex
on its energy are little bit more hesitant, the complete western unity on this issue is unlikely at this point. season companies and individual property and accounts in russia if the sanctions are imposed. concerns or confrontations stretching all the way along the north and east, that is true in the city here, it is a stronghold of pro-russian sentiment in ukraine and it is the home base of ousted president. pro-russian supporters seized a local government building but were remove this morning but not for long. they have retaken the building, re-raising the russian flag and singing soviet era songs. it just highlights the tensions and the divide within ukraine are still running very deep. cheryl: ashley webster, thank you for the update. we will monitor any headlines we will get out of paris but for now of course following this for the client. what are you talking your clients are of interest in eastern europe and in particular with russia, could be be concerned about the stability of the region right now? >> for the last year they have told european clans they face a threat in
have lost but energy resources are extraordinarily rich to use that wealth to reestablish military might. >> the biggest geopolitical threat you said russia. not al qaeda in 1980 soared out they are asking for their foreign policy back because the cold war has been over 20 years. neil: that is the '80s back on the phone because forget whether the president wants to use words like that he might want to do the same. >> if you like your health care plan you can keep it. period. neil: that is the thing is that all comes back to make people think twice. they always regret to their words when it comes to russia at least you are not what we said. >> i remember hillary clinton talked about sniper fire. >> are these recording instruments? >> this rob the faint of a bite to call the '80s and gatt ronald reagan back. but it shows mitt romney but have made a good president who was the biggest -- the best candidate but shown compared to the weak leadership obama me but have been better off. the republican field is so wide open and that the theme is that you just showed better so empirically wro
bilateral and multilateral interactions. energy cooperation talks were canceled. the obama administration has placed a hold on all aspects of bilateral interaction. host: is it enough to have sanctions to influence what is going on in ukraine? the economic situation in russia may be more marvel to economic pressures than most -- may be more vulnerable to economic pressure than most people think. other analysts are not so sure. the russian system is extremely opaque. not a lot of good data is coming out. they have the ability to manipulate that data. has taken the decision that whatever costs or pressure he is to suffer under, willing to take those costs. he still sees the benefits. what is the point of all this? putin, ukraine and crimea are personal issues. many russians believe that crimea is russian territory. the people there identify as russian and crimea should always be a part of russia. there is a nationalistic element , a domestic, political element. has aly, putin long-standing policy of projecting russian power. some will say it is an effort to reconstitute the soviet bloc. i t
is the number one supplier of energy to ukraine is russia. the number one debt is to russia. the president's proposing the american taxpayers send foreign aid to ukraine which will immediately go to russia. which strikes me as putin saying fine he'll be happy to take the taxpayers' money. >> that's nonsense. first of all, congress, by the way, is compared to when you're there, they're never there. they're out all the time, they can't get anything done. he can't authorize any money through the imf unless the congress adopts it. that's what he's trying to say. by the way, if you're talking about, you know, putin was going to lend money to ukraine. he lent them 3 billion which he's not going to get back. if you want to take over ukraine, you're taking over a bankrupt country. the idea that somehow another -- by saying we want to give the money, yeah, i think we ought to help them get out of bankruptcy just like general motors or something. >> but won't that money -- won't a large part of the money go directly to russia? >> no, it won't go to the russians. yanukovych who was their guy, he got
is leading the charge in developing alternative energy bio fuel from one of the world's most abundant life points to algae fossil fuels like oil rapidly disappearing. finding the new energy sources is critical. that's right touch of meats more authentic eco energy is finding ways to help local and international energy suppliers and infrastructure companies go green the algae is extracted because not only reduces climbed outside and smoke stacks. it also doesn't compete with cops for farmland. algae as a biofuel could produce thirty times more oil per acre than other crops such as corn and sugarcane. it will also be non toxic juice milk salt provide context and that i don't agree quickly the dpp group and the ppt fee of up to the twentieth anniversary of the eu single market we're also looking at the future of the single market and how it can cause acute europe's economic revival by creating more jobs and strong regret. perhaps the most promising prospects is the digital single block in the sector. abbas potential to win hearts our lives and our prosperity early this year the european commi
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the energy situation. thank god, the weather is going to get warmer soon. he has those levers. he has an overwhelming military capability. there are many, many things, but particularly energy. but, you know, this has been bad for the russian economy. the value of their currency has fallen, the stock market is down. there is a negative reaction to this, too, that may effect putin's economy. and could i mention one other aspect of this is putin also sees -- here's this beautiful and large and magnificent country called ukraine. suppose ukraine, finally, after failing in 2004, gets it right, democracy, gets rid of corruption, economy is improving, and it's right there on the border of russia. so i think it makes him very nervous, if there were a success in ukraine in bringing about a free and open society and economic success, which is not the case in russia, as you know, which is propped up by energy. >> charlie: should we revisit the question of georgia and nato? >> yes. i really believe that we should sponsor the inclusion of georgia into nato. every few weeks the russians move the fe
economic leverage over ukraine because of the supply of energy. he has some influence in western europe, which still gets 25% of their energy from russia. so i think he's sitting there thinking that, in fact, he probably holds the better hand here for whatever negotiation is to come. >> charlie: do you believe he holds the better hand? >> frankly, based on what i'm hearing out of western europe and the reluctance of the europeans to embrace tough sanctions, i think, at least right now, i think he does. >> charlie: so if the europeans are not willing to go forward with tough sanctions, we're in a bad place. >> i think we are. >> charlie: you also have suggested some of your fellow republicans should tone down their rhetoric. >> well, this is a serious crisis that the west is facing, and, you know, when i -- i spent most of my life in the government at a time when, during immediate crises, people came together and were supportive of the president basically with the old line that politics stopped at the water's edge. i think people, right now while the president is trying to get the allies
of the energy market including pipeline highlighted in blue that run directly through ukraine. jonathan hunt with more on the joeg concern. jonathan, it's the reason europe might not back u.s. sanctioning. >> europe has now become so dependent on energy resources from russia that they are terrified of instigating any sort of sanctions regime against the russians. take a look at these figures on the natural gas supply to europe. the czech republic gets 100% of the natural gas it consumes from russia. greece, 70%. ukraine itself 60%. and germany, 50%. we investigated the huge national ral gas company and perp told then vladimir putin who was then president of russia as well, if you remember, was using this as part of his foreign policy. >> it is a significant tool that is dangerous for europe, absolutely devastating for ukraine and certainly not good for russian democracy, freedom or the united states. >> just so emphasize again, that interview took place in 2006. all those predictions, gretchen, now coming true. >> germany is really key, though, how the rest of europe reacts. >> germany is th
for natural gas and energy from russia to europe. when you look at the region you can see that half of russian exports are to the european union. this is all-important. those are the major pipelines we're looking tlat. in terms of stocks you're not seeing the big dramatic impact at the opening bell that we thought. at worse you had dow futures down 160 points now down about 100. here's the conventional wisdom. russian stock market got slammed. the russian currency slammed. russian businessmen outraged, very concerned about what's going to happen to their economy. now you hear people saying that maybe, just maybe those russian markets are going to be a very powerful diplomat and temper some of the saber rattling we've been seeing, that big reaction in russian markets means perhaps the worst is behind us because why in the world would anybody try to do anything to make markets continue to be unstable there. that's the thinking right now. dow is down about 100 points. >> only two minutes in and more than 100 points. let's bring in our global economic analyst. what's your take. why this quick coll
some energy, but to turn that into money might be seven to ten years' window. but what's important about phase one if you have major oil players from the u.s. and russia and europe and china engaged in the sector, in the eastern mediterranean alongside israel and cyprus which relates to then turkey and the e.u. and all of that, it might create for lebanon an investment in its stability and its long-term viability because of the importance of energy. similar to what, how the gulf sort of gets its stability and security. the gulf countries are, you know, strange tribes, but they survived because they have important resources. other parking lots of the world -- parts of the world sometimes have that as well. that's very important for lebanon's geostrategic environment. if the east and west agree that this must be a peace offul zone because there are important resources here, now actually moving forward on what's the economic value of this, the first thing is to figure out how to get it to market. the market is effectively europe. the original approach was or the plan was certainly to
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a relatively modest economy with the exception of its energy capabilities and leverage. it's got a military that has a lot of nuclear weapons it's a conscript military. he is, today, punching way above his weight class, and the united states is punching way below ours. >> mr. secretary, thank you for talking to us, you bet. >> as the ukraine crisis gets worse even the mainstream media -- washington editorial saying president obama's foreign policy based on fantasy. former u.n. ambassador john bolton joins us. good evening, sir. >> good evening, glad to be with you from london. >> yes. i don't mean to be heart beat on editorial. seems to be a departure when the "the washington post" comes out and uses the term fantasy at such an ominous time it's an accurate description of what's going on. the president's main problem is that he just doesn't care about america national security issues. he doesn't focus on it. he said back in the 2008 campaign that his priority was transforming american society. that's what he is up to. so, in 2008, nato made a terrible mistake when the europeans rejected our
has baggage from the past. she was involved in the energy industry with her husband and some people say she was corrupt. so the problem with ukraine has always been corruption. it is a very corrupt country. has history of corruption dates back to the soviet union but continues since the demise of the soviet union. for that reason it maybe easierr russian puppets of, other puppets of the old soviet union to say, we need to go in there and we need russian troops to make sure that this country doesn't dissolve into chaos. gerri: that is obviously a possibility. let's bring in back ashley webster who is following the story closely. ashley, do you see conflict? do you see dissolution? what do you see in your crystal ball? >> this is a different cut one and as david said what are we calling this? is this an invasion? certainly appears that way but who are the troops in unidentified uniforms? as i said earlier there are those who speculate, everyone does that when she these events move at such a fast pace, private security firm that the kremlin uses from time to time and uses them to take
is so dependent on russia for its daily energy consumption that there's only so far they will ever be willing to push against russia no matter what russia does? so far they've been willing to say they will cancel a summit that was due to be held in russia and they're all saying more or less derogatory things about vladimir putin and his recent actions but not much more. can europe do more? are their hands tied by their dependence on russia in economic terms? can europe go further without hurting themselves? joining us now is p.j. crowley. he's a former assistant secretary of state for public affairs, currently a fellow at the george washington university institute for public diplomacy and global communication. mr. crowley, thank you very much for being here. >> always a pleasure, rachel. >> is there a limit on how hard the eu and the u.s. will push russia on this or any other issue? >> i think there's a style difference. europe prefers coordination, consultation, you know, convincing argument as opposed to confrontation. and obviously at 28 it's difficult to get consensus within th
to alternative energy. we have that story covered. >> the big day at the supreme court. they determine the fate of shareholder class action worth $80 billion in 20 years. we are streaming on your smart phone and your tablet. all of our interviews are live and on-demand on apple tv. ♪ biggest package shipping company is making another investment in alternative fuel. we are talking ups. compositionange the of the ups fleet in the united states. we recently went inside ups. you say the vehicles run on a variety of fuels. >> they do a lot. they have hybrids, pure electrics, cng compressed natural gas -- they have propane. they have had propane up in canada. the news today, they will make a $70 million investment to buy 1000 propane trucks. they're going to install about 50 fueling stations at various ups stations. they are introducing this propane fleet in the u.s. this will replace trucks in role areas. rural areas. they will reduce the use of ofut 3.5 million gallons diesel and gasoline. >> the purpose -- saving money. >> they have a couple of initiatives. whethera company -- it's looking at th
when the cbs evening news continues. but not energy or even my mood. that's when i talked with my doctor. he gave me some blood tests... showed it was low t. that's it. it was a number. [ male announcer ] today, men with low t have androgel 1.62% testosterone gel. the #1 prescribed topical testosterone replacement therapy increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breast-feeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing during sleep, and blood clots in the legs. tell your doctor t abouyour medical
program and washington said it should be allowed to produce energy. mr. obama will hold a similar meeting with the president in two weeks. orthodox jews were in west jerusalem over the weekend. they were protesting a law being debated in the israeli parliament with men to be drafted into military service and orthodox jews have been exempt and they want to keep it that way. >> it's important to tell the state of isreal that we are opposed to their political philosophies that we feel that the contribution that the elements of society are making will help the army and through our contributions and the religious spectrum we are arm and arm with the army, helping the state of israel. >> reporter: the new legislation is expected to pass in the next few weeks. ultra orthodox jews makeup 10% of israel's population. a california state lawmaker facing corruption charges says he is taking a paid leave of absence and he is accused of accepting about 100,000 in bribes including meals and golf games in exchange for his political influence. he is pleading not guilty. and he is the second california sta
't been more aggressive with regards to russia. it's because of their energy dependance on russia. one-third of the national gas coming from russia ironically through ukraine. and you made a very important point there, we know in many cases oligarch has ties to london and that's why the uk, too, may not want to be more active than someone else. i think the eu is going to remain pretty passive here and they will continue to find a peaceful and diplomatic way to solve this crisis. >> certainly something that angela merkel and the germans have been pushing for over the last couple of days. we'll come back to you later in the show. joining us now is benwa ann from societe generale. you were saying yesterday that we need to take a central strategy here particularly where central europe is concerned. has your view changed given what we've heard about the troops in russia right now? >> the situation remains quite volatile. so it's probably too early to make a final call on this, as we discussed earlier the situation is evolving and we are still in much more on the bull markets. but you're rig
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